Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.69888 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 0.70238 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.70793 |
| 2nd High | 0.70751 |
| Next High | 0.70238 |
| Current Price | 0.70083 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.70238 – 0.70751 – 0.70793 – 0.69888 – 0.70006 – 0.69945 —
0.70124 – 0.70120 —
48.372389521337 – 50.340642124498 —
– —
0.70238 – 1781881200
Trading Signals: FOREX – AUD – AUD/USD – USD – – – – – – – – – –